Time to buy or time to sell?
Time to buy or time to sell? Well, I don't have the answer to this question and I don't think anyone else does.
It seems that the German government needs cash and is selling a large amount of Bitcoin that it had seized. This is causing a general fall in the market. How long this can last and if the market will recover afterwards is something that only time will tell.
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But there is something that is always worth remembering and it is Warren Buffett's phrase "You have to be greedy when others are fearful and fearful when others have greed in their eyes" this is without a doubt the best way to make money. Going with the flow will simply end up losing money 100% of the time, only you will do it more slowly.
The important thing in an investment is to believe in its foundations in the medium and long term. If you are clear about that, drops like this are an opportunity to add more to the portfolio. And if there are very rapid increases like those at the beginning of the year, then you can sell a part to make a profit. But above all, never ever panic and sell at any price. You must always have a plan. Remember, a bad plan is better than no plan at all.
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